2054 Cleveland AveWest LawnPA19609
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in West Lawn at 2054 Cleveland Ave, West Lawn, PA, 19609 earns $361/mo cash flow from $2,261/mo rent with a $1,419/mo payment. Total monthly income totals $2,261/mo, and annual cash flow totals $4,335/yr on $96,102 capital. ROI tracks 24.42% on current figures, and rental yield reads 9.36% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 127.55% and total cumulative return in cash sums $122,577. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,261/mo property income instead of your personal income.
Single Family
Built in 1929
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19609, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,523 (100%) |
| Owner Occupied HU | 3,385 (74.8%) |
| Renter Occupied HU | 850 (18.8%) |
| Vacant Housing Units | 288 ( 6.4%) |
| Median Home Value | $228,138 |
| Average Home Value | $288,112 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,139
Multi-Family
140
Businesses
207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kylie Eveland Walbert • BHHS Homesale Realty- Reading Berks
Mls Name: Bright MLS
Mls ID: #PABK2066458